Pablo Token utilizes deflation and redistribution mechanisms to mitigate the downward price volatility associated with digital assets. According to the whitepaper, Pablo token implements the burn mechanism with which tokens are continuously removed from the total supply, increasing the value of the remaining tokens. Burning refers to eliminating tokens from the total supply because the scarcer the Pablo token is, the higher is its market value.
DeFi uses the best features of blockchain technology. By using blockchain technology, all data is distributed in multiple places around the world. With this decentralized approach to data storage, DeFi applications like the Pablo Token can remain safe and protected from centralized attacks. Every transaction in the Pablo Token network is recorded, making every transaction transparent and permanent. Pablo Tokens are built on the Binance Smart Chain (BSC) as smart contracts that help collect all funds and distribute all token value and rewards to Pablo Token holders.
The Pablo token supply is constantly decreasing to reflect its adjusted market value. This is achieved by burning/deleting tokens not held by token holders at a fixed rate. Additionally, Pablo tokens carry an 11% fee for every market activity. This fee is collected and redistributed as per the mission of Pablo Tokens. The redistribution bonus for each 11% fee is distributed as follows:
Pablo tokens are subject to a 2% tax on all transactions to prevent price manipulation and encourage holding. The 2% tax is then distributed as a weighted distribution between all holders and burning addresses. Smart contracts control the Pablo token network. Everything is automated without human intervention. The smart contracts automatically collect funds from liquidity pools and distribute rewards to Pablo token holders. Also, the supply of the Pablo Token is constantly decreasing as the ultimate goal of the Pablo platform is to keep its demand rising.
